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5 Things to Know Today: Oil Tops $100, Tariffs Take Effect, TSX Slides — Sept 9

  September 9, 2026 Here's what's moving markets and your wallet today — from a fresh oil shock to a stock that just had its worst week in months. 1. Oil Tops $100 a Barrel for the First Time Since July Brent crude broke back above $100 a barrel overnight after Houthi drones and missiles struck Saudi Aramco energy facilities in Jazan, Abha and Najran, wounding more than 70 people and halting operations at several sites. The attacks followed U.S. strikes on Iranian oil tankers over the weekend, deepening a Middle East conflict now in its seventh month. What it means for you: Ottawa's fuel excise tax pause (extended to Jan. 31, 2027) is holding, but it can't offset a rising crude price — CAA's national average sits at 179.9¢/L today, up from 170.5¢/L just five weeks ago. If your tank is low, fill it before this keeps climbing. 2. TSX Slides for a Second Straight Day The S&P/TSX Composite closed Tuesday at 36,123.05, down 390.75 points (-1.07%), its second consecu...
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UN Halts Aid Shipments Through Gaza’s Main Crossing Over Safety Concerns

 

The United Nations Relief and Works Agency (UNRWA) has announced the suspension of aid deliveries through the Kerem Shalom crossing, Gaza's primary cargo route, citing severe safety concerns. Philippe Lazzarini, the head of UNRWA, stated that the decision was made due to the threat posed by armed gangs who have looted recent aid convoys.

The suspension comes amid a deepening humanitarian crisis in Gaza, exacerbated by the cold, rainy winter and the ongoing conflict. Experts have already warned of potential famine in the northern parts of Gaza, which have been almost completely isolated by Israeli forces since early October.

Lazzarini pointed out that the route leading to Kerem Shalom has become too dangerous, with nearly 100 trucks being looted in mid-November and another smaller shipment stolen just recently. He also criticized Israeli policies, claiming they have contributed significantly to the breakdown of law and order in Gaza.

The suspension of aid shipments is expected to worsen the already dire situation in Gaza, where hundreds of thousands of Palestinians are living in squalid tent camps and relying heavily on international food aid.



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